Loading…
Dry bulk FFA contracts fell sharply on July 26-27, with August capesize trading to $10,500, down $1,100 on the day. Panamax paper also declined, with the front of the curve slipping toward $8,550 for August.
Lower paper freight rates signal softer expected ocean transport costs for grain and oilseed exports, modestly reducing landed feed ingredient costs.
seatrade-maritime.comMarcus HandJul 28, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
